The Scientific business of Thomson Reuters, US, has announced a partnership with the Intellectual Property Development Research Centre (IPDRC), a non-profit public enterprise owned by the State Intellectual Property Office (SIPO) of the People's Republic of China. The partnership aims to accelerate patent research and promote IP management competence in China as part of the national IP strategy initiative spearheaded by IPDRC.
The partnership enables IPDRC to leverage on Scientific's IP management platform and patent search and analysis solutions for 20 patent research projects which will be undertaken by Chinese universities, public research institutes and corporations.
IPDRC would leverage on Scientific' solutions - DWPI, Delphion and Aureka - to provide pertinent patent search and analysis information, as additional support, for the 20 patent research projects which it is currently funding. Such research projects often rely on large collection of pertinent patent documents and advanced analytical tools for gaining insights and reaching the right conclusions.
According to Scientific's latest World IP Today Report in Global Patent Activity 2007, China has almost doubled its volume of patents from 2003-2007 and is set to become a strong rival to Japan and the US in years to come. Academia represents a key source of innovation in many countries. China has the largest proportion of academic innovation with Russia very occasionally beating it to the top spot.